Versalis embarks on renewable materials

 

Versalis (Eni) has won the bidding process Mossi & Ghisolfi's Group’s ”green” activities. The bidding was ordered by the Court of Alessandria and the transfer of the related business units will be formally agreed in the next few weeks in compliance with legal procedures and deadlines. 

 

The Mossi & Ghisolfi's Group’s ”green” business assets and resources related to development activities, industrialisation, licensing of technologies and bio-chemical processes based on the use of renewable resources, especially biomass, of the four companies Biochemtex, Beta Renewables, Ipb (Italian Bio Products) and Ipb energia. 

 

The innovative aspect of these processes is the Proesa® technology, which is used to convert biomass into second generation sugars and the subsequent production of biofuels or, potentially, other biochemical intermediates. 

 

The industrial plant at Crescentino (Vercelli) produces bio-ethanol, as well as green electricity thanks to the enhancement of lignin, which is a by-product. This know-how reinforces Versalis’ competitive position in the bio-based chemical industry and enables the company to pursue ongoing research projects, as well as develop an integrated technological platform of chemicals from biomass, in line with the strategy undertaken in recent years.